4//SEC Filing
SONG YAO (ROB) 4
Accession 0001567619-21-016594
CIK 0001784168other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 5:13 PM ET
Size
7.9 KB
Accession
0001567619-21-016594
Insider Transaction Report
Form 4
SONG YAO (ROB)
Treasurer, PAO and Controller
Transactions
- Award
Employee Restricted Stock Unit
2021-08-30+250,000→ 250,000 total→ Common Stock (250,000 underlying) - Award
Earnout Restricted Stock Unit
2021-08-30+300,000→ 300,000 total→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting.
- [F2]Restricted stock units will vest with respect to 33 1/3% on each of January 2, 2022, January 2, 2023 and January 2, 2024, subject to continued employment.
- [F3]50% of the restricted stock units will be deemed earned and vested if the closing price per share of common stock of the Issuer on any 20 trading days in any 30-consecutive day trading period equals or exceeds (i) $14.00 or (ii) $16.00, respectively, subject to continued employment.
Documents
Issuer
Electric Last Mile Solutions, Inc.
CIK 0001784168
Entity typeother
Related Parties
1- filerCIK 0001853005
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 5:13 PM ET
- Size
- 7.9 KB